IFRS versus U.S. GAAP: Key Developments

Instructor: Steven Shamrock, CPA, MBA

Format

Course - Online

Level

Intermediate

Duration

4 hours

This course provides a comparison of common differences between major IFRS and US GAAP accounting standards. For each topic, the course provides a conceptual discussion of the two standards, a detailed analysis of differences, and application based exercises that allow the application of presented content.

Learning outcomes

Learning outcomes:
Identify significant differences when accounting for transactions under U.S. GAAP and IFRS across major financial statement line items

£59.00 (CIMA members only)

Product information

Overview

This self-study online course provides a comparison of common differences between major IFRS and US GAAP accounting standards.

For each topic, the course provides a conceptual discussion of the two standards, a detailed analysis of differences, and application based exercises that allow the application of presented content.

Topics discussed:

The Conceptual Framework and Financial Statement Presentation

Inventory

Consolidated Financial Statements

Intangible Assets and Goodwill

Income Taxes

Business Combinations

Share-Based Payments

Employee Benefits

Financial Instruments

Leases

Who should take this course?

"Those who work for a multinational entity whose subsidiaries record accounting transactions in US GAAP and IFRS as well as those who provide audit/assurance/advisory/consulting services to multi-national organisations.
Investors who seek to understand how entities that report financial results under the different frameworks compare."